Villanova Investment Management Co LLC Sells 78,892 Shares of Janus International Group, Inc. $JBI

Key Points

• Villanova Investment Management Co LLC significantly reduced its stake in Janus International Group by 65.6%, selling 78,892 shares and now holding 41,446 shares worth approximately $298,000.
• Janus International Group reported an earnings per share (EPS) of $0.20 for the latest quarter, exceeding analysts' expectations by $0.05, though revenue declined by 8.2% year-over-year.
• The company announced a $75 million stock buyback program, indicating the Board's belief that the stock is currently undervalued.

Villanova Investment Management Co LLC lowered its stake in Janus International Group, Inc. (NYSE:JBI - Free Report) by 65.6% during the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 41,446 shares of the company's stock after selling 78,892 shares during the quarter. Villanova Investment Management Co LLC's holdings in Janus International Group were worth $298,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also recently made changes to their positions in the company. AlphaQuest LLC raised its stake in shares of Janus International Group by 336.2% in the first quarter. AlphaQuest LLC now owns 5,091 shares of the company's stock worth $37,000 after buying an additional 3,924 shares during the period. Tower Research Capital LLC TRC grew its position in shares of Janus International Group by 42.9% during the fourth quarter. Tower Research Capital LLC TRC now owns 5,146 shares of the company's stock worth $38,000 after purchasing an additional 1,544 shares in the last quarter. Quarry LP purchased a new stake in shares of Janus International Group during the first quarter worth about $43,000. Group One Trading LLC grew its position in shares of Janus International Group by 9,000.0% during the fourth quarter. Group One Trading LLC now owns 9,100 shares of the company's stock worth $67,000 after purchasing an additional 9,000 shares in the last quarter. Finally, Wealth Enhancement Advisory Services LLC purchased a new stake in shares of Janus International Group during the first quarter worth about $72,000. Institutional investors own 88.78% of the company's stock.

Janus International Group Price Performance

Janus International Group stock opened at $10.07 on Thursday. The company has a market cap of $1.40 billion, a price-to-earnings ratio of 32.47 and a beta of 1.31. The firm's fifty day moving average is $9.53 and its 200 day moving average is $8.35. The company has a quick ratio of 2.26, a current ratio of 2.61 and a debt-to-equity ratio of 1.00. Janus International Group, Inc. has a 52-week low of $5.99 and a 52-week high of $10.73.

Janus International Group (NYSE:JBI - Get Free Report) last issued its quarterly earnings data on Thursday, August 7th. The company reported $0.20 EPS for the quarter, topping analysts' consensus estimates of $0.15 by $0.05. Janus International Group had a net margin of 4.85% and a return on equity of 13.10%. The business had revenue of $228.10 million during the quarter, compared to analysts' expectations of $216.99 million. During the same period last year, the company posted $0.21 EPS. The business's revenue was down 8.2% on a year-over-year basis. Janus International Group has set its FY 2025 guidance at EPS. Sell-side analysts forecast that Janus International Group, Inc. will post 0.54 EPS for the current fiscal year.

Janus International Group announced that its Board of Directors has authorized a stock buyback program on Thursday, May 15th that authorizes the company to buyback $75.00 million in outstanding shares. This buyback authorization authorizes the company to purchase up to 6.2% of its shares through open market purchases. Shares buyback programs are typically a sign that the company's board of directors believes its stock is undervalued.

Analysts Set New Price Targets

JBI has been the subject of several research analyst reports. KeyCorp increased their target price on Janus International Group from $10.00 to $12.00 and gave the stock an "overweight" rating in a research report on Friday, August 8th. Jefferies Financial Group boosted their price target on shares of Janus International Group from $9.00 to $10.00 and gave the stock a "hold" rating in a research note on Wednesday, August 20th. Wall Street Zen upgraded Janus International Group from a "hold" rating to a "buy" rating in a research report on Saturday, August 9th. Finally, UBS Group lifted their target price on Janus International Group from $9.00 to $10.00 and gave the stock a "neutral" rating in a report on Friday, August 8th. One research analyst has rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of "Hold" and a consensus price target of $10.67.

Janus International Group Company Profile

Janus International Group, Inc manufacturers and supplies turn-key self-storage, and commercial and industrial building solutions in North America and internationally. The company offers roll up and swing doors, hallway systems, relocatable storage moveable additional storage structures units, and other solutions.

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